Frequently Asked Questions

Clients can get started with as little as ZWG$1,000.

You open a trading account by completing and signing account opening forms at your preferred stockbroking firm. The stockbroker will require:

1. For Individuals
   • Copy of ID (passport for foreign investors)
   • Proof of residence (utility bill within three months)
   • Two passport-size photos
2. For Companies / Trusts / Estates / NGOs
   • Registration certificate
   • List of directors/trustees (CR14, etc.)
   • Registered office details (CR6)
   • Directors/trustees' KYC (same as for Individuals)

Capital gains withholding tax on the sale of listed shares is 1% of the sale proceeds.

No, all trades on ZSE are required to be prefunded.

If you already have a trading account, you simply need to register with ZSE Direct using the details on your existing trading account. ZSE Direct will automatically load your current portfolio once registration is complete. You can deposit funds via ZSE Direct in order to place a buy order through the portal.

If you encounter challenges with opening an account, send your query to research@mmccapitalzim.com and we will gladly assist you. Alternatively, you can be assisted by ZSE Direct personnel via zsedirect@zse.co.zw , or C -Trade personnel via c-trade@escrowgroup.org

The ZSE is open between 10 am and 12 pm until further notice. FINSEC is open from 8 am to 4 pm.

C-Trade was created by Escrow Systems which is also FINSEC. ZSE Direct was created by the ZSE. Both systems have similar functionality that encompasses buying and selling of shares. While ZSE offers greater detail market depth, C – Trade allows users to trade FINSEC-listed stocks.